Why Procter & Gamble Co. is a Top 25 SAFE Dividend Stock (PG)
Wed, Jan 9, 10:26 AM ET, by ETF Channel
Procter & Gamble Co. (PG) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Procter & Gamble Co. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.85% of the SPDR S&P Dividend ETF (SDY), which holds $171,579,347 worth of PG shares.
Procter & Gamble Co. (PG) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Procter & Gamble Co. is $2.248/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/16/2013. Below is a long-term dividend history chart for PG, which the report stressed as being of key importance.
PG operates in the Consumer Goods sector, among companies like Unilever N.V. (UN), and Colgate-Palmolive Co. (CL).
Read the original article at ETF Channel: Why Procter & Gamble Co. is a Top 25 SAFE Dividend Stock (PG)
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